Amazon CFO To Retire Next Year

Amazon chief financial officer Thomas J. Szkutak will be retiring in summer 2015 and will be replaced by the company’s vice president of finance for Amazon’s global consumer business, Brian T. Olsavsky.

“It’s been a privilege for me to work with so many talented people who are continually inventing on behalf of customers, and now I look forward to spending more time with my family and other outside interests,” Szkutak said, in part.

Amazon has recently been growing its presence in the video game industry by building its own game development studio as well as acquiring video game live streaming platform Twitch.

“Tom’s impact over the past 12 years is evident in every part of our business,” said Amazon CEO Jeff Bezos. “Under Tom’s stewardship, customers have benefitted from category expansion and geographical expansion, along with amazing new businesses like AWS and Kindle.”

“The day Tom joined the company was a very lucky one for Amazon’s shareowners and customers and for all of us who’ve had the pleasure and fun of getting to work with him. We wish Tom and his family all the best in their next round of adventures.”